PITTSBURGH, April 3,
2024 /PRNewswire/ -- The board of directors of The
PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly
cash dividend on the common stock of $1.55 per share. The dividend, with a payment
date of May 5, 2024, will be payable
the next business day to shareholders of record at the close of
business April 15, 2024.
The board also declared a cash dividend on the following series
of preferred stocks:
- Series B: a quarterly dividend of 45 cents per share will be payable June 10, 2024, to shareholders of record at the
close of business May 17, 2024.
- Series R: a quarterly dividend of $2,208.73 per share ($22.0873 per each depositary share, 100 of which
represent one share of Series R preferred stock) at a quarterly
rate of 2.20873%, with a payment date of June 1, 2024, will be payable the next business
day to shareholders of record at the close of business May 17, 2024.
- Series S: a semi-annual dividend of $2,500.00 per share ($25.00 per each depositary share, 100 of which
represent one share of Series S preferred stock), will be payable
May 1, 2024, to shareholders of
record at the close of business April 15,
2024.
- Series T: a quarterly dividend of $850.00 per share ($8.50 per each depositary share, 100 of which
represent one share of Series T preferred stock) with a payment
date of June 15, 2024, will be
payable the next business day to shareholders of record at the
close of business May 31, 2024.
- Series U: a quarterly dividend of $1,500.00 per share ($15.00 per each depositary share, 100 of which
represent one share of Series U preferred stock) will be payable
May 15, 2024, to shareholders of
record at the close of business April 30,
2024.
- Series V: a quarterly dividend of $1,550.00 per share ($15.50 per each depositary share, 100 of which
represent one share of Series V preferred stock) with a payment
date of June 15, 2024, will be
payable the next business day to shareholders of record at the
close of business May 31, 2024.
- Series W: a quarterly dividend of $1,562.50 per share ($15.6250 per each depositary share, 100 of which
represent one share of Series W preferred stock) with a payment
date of June 15, 2024, will be
payable the next business day to shareholders of record at the
close of business May 31, 2024.
The PNC Financial Services Group, Inc. is one of the largest
diversified financial services institutions in the United States, organized around its
customers and communities for strong relationships and local
delivery of retail and business banking including a full range of
lending products; specialized services for corporations and
government entities, including corporate banking, real estate
finance and asset-based lending; wealth management and asset
management. For information about PNC, visit www.pnc.com.
CONTACTS
MEDIA:
Timothy
Miller
(412) 762-4550
media.relations@pnc.com
INVESTORS:
Bryan Gill
(412) 768-4143
investor.relations@pnc.com
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SOURCE The PNC Financial Services Group, Inc.